ICICI Bank is set to acquire a 5% stake in National Asset Reconstruction Company Limited (NARCL) for a total cash consideration of up to Rs 137.5 crore in tranches.
The India Space Research Organisation (ISRO) successfully completed the ground test of the solid-fuel-based booster stage (SS1) of its new Small Satellite Launch Vehicle (SSLV).
Bank of Maharashtra has partnered with Mahagram (a fintech company) to roll out the 'Bank Sakhi' project in Odisha. Mahagram would provide the Bank of Maharashtra with financial technology and infrastructure support to augment rural financial inclusion.